SAN LEANDRO, Calif., Nov. 2, 2016 - Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced total awards of $2.8 million to supply its PXTM Pressure ExchangerTM technology for desalination projects in India. The orders are expected to ship in 2016.
Energy Recovery will supply its PX-Q300 Pressure Exchanger devices for the plants, which will produce up to 95,000 cubic meters of water per day. Energy Recovery estimates the PX devices will reduce the power consumption for the projects by 12.4 MW, saving over 108 GWh of energy per year, and help them avoid 64,000 tons of CO2 emissions per year.
Energy Recovery's President and CEO Joel Gay stated, "As we near the end of 2016, we continue to fulfill our promise that this is a year of execution at Energy Recovery. We have committed to expanding our global reach in desalination, and these new deals in India allow us to offer our technology in a key emerging region that has a critical need for potable water. Following our recent awards in the Middle East, we continue to prove that Energy Recovery produces the world's leading energy recovery technology."
About Energy Recovery
Energy Recovery (NASDAQ:ERII) recycles and converts wasted pressure energy into a usable asset and preserves pumps that are subject to hostile processing environments. With award winning technology, Energy Recovery simplifies complex industrial systems while improving productivity, profitability, and efficiency within the oil & gas, chemical processing, and water industries. Energy Recovery products save clients more than $1.7 billion (USD) annually. Headquartered in the Bay Area, Energy Recovery has offices in Houston, Ireland, Shanghai, and Dubai.
Learn more at www.energyrecovery.com.
SOURCE Energy Recovery, Inc.
Web Site: http://www.energyrecovery.com